IncomeShares META (Germany) Price on November 19, 2024
| METY Etf | 9.74 0.18 1.81% |
If you're considering investing in IncomeShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of IncomeShares META stands at 9.74, as last reported on the 29th of December, with the highest price reaching 9.92 and the lowest price hitting 9.74 during the day. At this point, IncomeShares META is not too volatile. IncomeShares META Options holds Efficiency (Sharpe) Ratio of 0.0934, which attests that the entity had a 0.0934% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for IncomeShares META Options, which you can use to evaluate the volatility of the entity. Please check out IncomeShares META's Market Risk Adjusted Performance of 0.8606, risk adjusted performance of 0.0794, and Downside Deviation of 1.35 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
IncomeShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
IncomeShares |
Sharpe Ratio = 0.0934
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| Cash | METY | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average IncomeShares META is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of IncomeShares META by adding it to a well-diversified portfolio.
IncomeShares META Valuation on November 19, 2024
It is possible to determine the worth of IncomeShares META on a given historical date. On November 19, 2024 IncomeShares was worth 9.25 at the beginning of the trading date compared to the closed value of 9.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IncomeShares META etf. Still, in general, we apply an absolute valuation method to find IncomeShares META's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of IncomeShares META where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IncomeShares META's related companies.
| Open | High | Low | Close | Volume | |
| 9.44 | 9.44 | 9.27 | 9.32 | 1.00 | |
11/19/2024 | 9.25 | 9.27 | 9.23 | 9.27 | 1.00 |
| 9.37 | 9.39 | 9.37 | 9.39 | 1.00 |
| Backtest IncomeShares META | | | IncomeShares META History | Previous | Next |
IncomeShares META Trading Date Momentum on November 19, 2024
| On November 20 2024 IncomeShares META Options was traded for 9.39 at the closing time. The highest price during the trading period was 9.39 and the lowest recorded bid was listed for 9.37 . There was no trading activity during the period 1.0. Lack of trading volume on November 20, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 1.29% . The trading delta at closing time to the current price is 3.02% . |
Price Boundaries
IncomeShares META Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
IncomeShares META Options cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
IncomeShares META December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how IncomeShares META etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IncomeShares META shares will generate the highest return on investment. By undertsting and applying IncomeShares META etf market strength indicators, traders can identify IncomeShares META Options entry and exit signals to maximize returns
IncomeShares META Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IncomeShares META's price direction in advance. Along with the technical and fundamental analysis of IncomeShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of IncomeShares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.